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Savills boosts Mideast commercial offering with strategic hireTop real estate services provider Savills has appointed Toby Hall as its new head of commercial agency for Middle East. In this role, Hall's initial and primary remit would be the UAE market and to build a robust business focusing on landlord leasing and office sales. & More… |
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PIF unit seals partnership with Saudi mortgage firm DamanatThe Saudi Real Estate Refinance Company, a unit of Saudi wealth fund PIF (Public Investment Fund), has signed an MoU with the Saudi Mortgage Guarantees Services Company (Damanat) for guaranteeing the residential mortgage portfolios owned by SRC and those being acquired by it, thereby helping More… |
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Retal awards contract to build 442 residential units in JeddahRetal Urban Development Company has announced that it has awarded a SAR224.4 million ($59.7 million) construction contract to one of its key subsidiaries, Building Construction Company, for a key project located in the Saudi port city of Jeddah. As per the dea More… |
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Ladun Investment unit wins Saudi mixed-use project contractSaudi-based Ladun Investment said its key subsidiary, Built Industrial Company, has been awarded a SAR646 million ($172 million) contract for the development of The Point, a 75,000 sq m mixed-use project on King Fahd Road at Abha in the Asir region of the kingdom. More… |
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Saudi RGA seeks bids for Jeddah-Makkah highway O&MThe Saudi Roads General Authority (RGA), in collaboration with the National Center for Privatization & PPP (NCP), has invited expressions of interest (EOI) from leading construction companies for carrying out the operations and maintenance (O&M) of the Jeddah-Makkah Direct Hig More… |
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Trascent, Gulaid launch new JV to cater to Saudi FM sectorTrascent, a global leader in corporate real estate (CRE) and facilities management advisory services, has joined forces with major Saudi investor Gulaid Holding to launch its new entity, Trascent Arabia, that will provide value-added and differentiated services focused on the kingdom& More… |
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Bahrain announces opening of new park in SaarBahrain's Municipalities Affairs and Agriculture Ministry has announced the opening of a new 3,372-sq-m park in Block 525 of Saar district. Its key features include a walking track, a main children's playground with all safety measures, a multi-p More… |
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New Murabba showcases visionary hospitality development at FHSNew Murabba Development Company, a unit of Saudi wealth fund PIF, said it has played a major role at the recent Future Hospitality Summit (FHS) in Dubai as its platinum sponsor. At the three-day event, the New Murabba executive team, led by its CEO Michael Dyk More… |
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London Gate, Swiss jeweller unveil $435m Dubai luxury towerUAE’s premium developer London Gate has joined hands with Swiss luxury watch maker Franck Muller to launch their next big project - Franck Muller Vanguard Tower - in Dubai featuring 722 luxury units, ranging from studios to three-bedroom apartments. This More… |
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Dubai Airports to launch mega rooftop solar panel installation projectDubai Airports has announced a landmark collaboration with Etihad Clean Energy Development Company, a wholly-owned subsidiary of Dubai Electricity and Water Authority (Dewa), to launch the world's largest rooftop solar panel installation project at its airport. More… |
